Paterson New Jersey Warranty Deed from two Individuals to Corporation

• Category: New Jersey Real Estate - Deeds - Warranty
• State: New Jersey
• City: Paterson
• Control #: NJ-05-78
• Format: Word; Rich Text

Description

This Warranty Deed from two Individuals to Corporation form is a Warranty Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey and warrant the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. A Paterson New Jersey Warranty Deed from two individuals to a corporation is a legally binding document that transfers ownership of real estate property from two individuals (also known as granters) to a corporation (also known as the grantee). This deed assures the corporation that the property is free of any title issues or encumbrances and guarantees that the granters have full legal rights to convey the property. There are different types of Paterson New Jersey Warranty Deeds from two Individuals to Corporation, including: 1. General Warranty Deed: A General Warranty Deed provides the highest level of protection for the grantee, as it warrants the title against any defect or claim, whether arising from before or after the granter's ownership. 2. Special Warranty Deed: A Special Warranty Deed guarantees that the granter has not done anything to negatively impact the property title during their ownership. It protects against any defects or claims that may have occurred during their ownership period but does not cover any prior issues. 3. Quitclaim Deed: While not typically used in transactions between individuals and a corporation, a Quitclaim Deed transfers whatever interest the granter possesses in the property without making any warranties or guarantees regarding the title. 4. Bargain and Sale Deed: A Bargain and Sale Deed conveys the property from the granter to the grantee without guaranteeing any specific warranties. This type of deed is often used in tax or foreclosure sales and is not commonly utilized in regular real estate transactions. When drafting a Paterson New Jersey Warranty Deed from two Individuals to Corporation, it is crucial to include specific keywords such as: — Paterson New Jersey warrantDeeee— - Warranty deed from two individuals — Transfer of propertownershiphi— - Real estate transfer document — Legal protection of property right— - Grantor and grantee details — Assurance of cleatitletl— - Absence of property encumbrances — Full legal rights to convepropertyrt— - Title defects and claims warranty — Pre-existing and post-conveyance issues — General, special, quitclaim, or bargain and sale deed.

A Paterson New Jersey Warranty Deed from two individuals to a corporation is a legally binding document that transfers ownership of real estate property from two individuals (also known as granters) to a corporation (also known as the grantee). This deed assures the corporation that the property is free of any title issues or encumbrances and guarantees that the granters have full legal rights to convey the property. There are different types of Paterson New Jersey Warranty Deeds from two Individuals to Corporation, including: 1. General Warranty Deed: A General Warranty Deed provides the highest level of protection for the grantee, as it warrants the title against any defect or claim, whether arising from before or after the granter's ownership. 2. Special Warranty Deed: A Special Warranty Deed guarantees that the granter has not done anything to negatively impact the property title during their ownership. It protects against any defects or claims that may have occurred during their ownership period but does not cover any prior issues. 3. Quitclaim Deed: While not typically used in transactions between individuals and a corporation, a Quitclaim Deed transfers whatever interest the granter possesses in the property without making any warranties or guarantees regarding the title. 4. Bargain and Sale Deed: A Bargain and Sale Deed conveys the property from the granter to the grantee without guaranteeing any specific warranties. This type of deed is often used in tax or foreclosure sales and is not commonly utilized in regular real estate transactions. When drafting a Paterson New Jersey Warranty Deed from two Individuals to Corporation, it is crucial to include specific keywords such as: — Paterson New Jersey warrantDeeee— - Warranty deed from two individuals — Transfer of propertownershiphi— - Real estate transfer document — Legal protection of property right— - Grantor and grantee details — Assurance of cleatitletl— - Absence of property encumbrances — Full legal rights to convepropertyrt— - Title defects and claims warranty — Pre-existing and post-conveyance issues — General, special, quitclaim, or bargain and sale deed.